Judging by a new-found willingness to do short sales rather than foreclosures, htey're either feeling more heat from a proposed tougher settlement on mortgage fraud, getting some financial brains that this actually helps them, or a bit of both.
I personally think it's more feeling the heat than financial brains. And, right now, these aren't much more than pilot programs, and not yet well thought out or well targeted. So, don't get too excited yet.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
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As seen at Washington Babylon and other fine establishments
February 07, 2012
Are the banksters starting to feel some heat?
Labels:
mortgage fraud
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